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Mazaya Monthly Real Estate Report -
Week 1 - JULY 2015
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Al-Mazaya Report stresses the positive
impacts of the accelerating rail and metro
projects to the overall economic and
production momentum as the GCCs will
make huge financial savings when the
general efficiency of the GCC network
is increased. The development of Dubai
transportation roads has yielded ED
72 billion in saving during the past
7 years, not to mention the time and
efforts saved since Dubai enjoys the
most rapid transportation system when
compared to 12 modern countries. The
report further emphasises the ample
financial and investment returns of road
and transportation projects as they
continue to experience great expansion.
Al-Mazaya Report considers the major
transformation in investment layout
recently taking place in the region
as evidence that the contribution of
the transportation sector is adding to
achieving development goals as the
whole region allocates great attention
to RS market. GCC Governments
express their interest to invest in
infrastructure
projects
ultimately
aiming to avail efficient transportation
networks
providing
employment
opportunities, elevating the living
standards of their people and attracting
foreign investments; a group of positive
impacts eventually transcending to
multi sectors especially RS. As the
GCCs devote huge investments to the
transportation sector, they seek to
facilitate local and regional commercial
movement and flourish industries and
local logistics resting on the solid
belief that the region will never enjoy
property while lacking an advanced
transportation system. Considering
the technology embraced and the huge
public investment pumped therein, the
successful infrastructure elements
required for an efficient transportation
sector including highways, seaports,
railways and airports are clearly
demonstrated with a future list of
projects to be yet implemented.